Rick Andrews' Market Report

Warne, NC 28909

Single-Family Homes

Your Mountain Realtor | 828-557-9139 | rick@callrickandrews.com



Warne, NC 28909

Sun May 11 2025
This week the median list price for Warne, NC 28909 is $444,950 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 12. Click here to stay informed with the Warne market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Warne, NC 28909

Sun May 11 2025
This week the median list price for Warne, NC 28909 is $444,950 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 12. Click here to stay informed with the Warne market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Warne market.
Median List Price $444,950
Median Price of New Listings $300,000
Per Square Foot $182
Average Days on Market 180
Median Days on Market 196
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 31
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$529,900 0 1 - 2.5 acres 3 3 1 0 0 315
$474,900 2,542 1 - 2.5 acres 3 2 31 0 0 42
$369,900 2,391 2.5 - 5 acres 3 2.5 10 0 0 42
$275,000 1,512 2.5 - 5 acres 3 2 42 1 0 203